2, THE PADDOCKS, NORTH WALSHAM ROAD, BACTON, NORWICH, NR12 0LN - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 THE PADDOCKS is a large detached house of 145m², built sometime between 1967 and 1975. It was last sold for £335,000 in October 2017, which was about the average October 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

2 THE PADDOCKS Sold Prices

Land registry data shows three sales for 2 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. The three 2 THE PADDOCKS sales were a mix of roughly equal to the average price, and below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 9 OCT	£335,000	£335,936	Close to HPI
2016 28 JAN	£270,000	£293,624	8% below HPI
2008 13 FEB	£240,000	£254,013	6% below HPI

2 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 2 THE PADDOCKS sales between February 2008 and October 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 THE PADDOCKS?

2 THE PADDOCKS is 145m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where 2 THE PADDOCKS lies on this distribution: 71% of detached houses are smaller than 2 THE PADDOCKS, and 29% of houses are larger. Note that EPC data is not available for all properties in Bacton.

2 THE PADDOCKS: Plot and Title Map

2 THE PADDOCKS sits on a plot of roughly 0.273 of an acre, or 1,105m². The below map shows the location of 2 THE PADDOCKS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 THE PADDOCKS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 THE PADDOCKS?

2 THE PADDOCKS is located on NORTH WALSHAM ROAD in BACTON, in the NR12 postcode district. The below map shows the position of 2 THE PADDOCKS on NORTH WALSHAM ROAD.